Graham Holdings Company $GHC Holdings Raised by California State Teachers Retirement System

California State Teachers Retirement System grew its holdings in Graham Holdings Company (NYSE:GHC - Free Report) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,629 shares of the company's stock after purchasing an additional 95 shares during the period. California State Teachers Retirement System owned about 0.09% of Graham worth $4,142,213 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GHC. Verus Capital Partners LLC raised its stake in Graham by 3.3% in the fourth quarter. Verus Capital Partners LLC now owns 315 shares of the company's stock valued at $346,000 after buying an additional 10 shares during the period. Pinnacle Associates Ltd. boosted its stake in Graham by 2.8% in the fourth quarter. Pinnacle Associates Ltd. now owns 363 shares of the company's stock worth $399,000 after buying an additional 10 shares in the last quarter. Baron Wealth Management LLC lifted its position in Graham by 5.1% during the 1st quarter. Baron Wealth Management LLC now owns 208 shares of the company's stock valued at $220,000 after acquiring an additional 10 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Graham by 4.7% in the first quarter. Sanctuary Advisors LLC now owns 224 shares of the company's stock worth $237,000 after acquiring an additional 10 shares during the period. Finally, Atticus Wealth Management LLC boosted its stake in Graham by 2.3% during the second quarter. Atticus Wealth Management LLC now owns 438 shares of the company's stock valued at $500,000 after buying an additional 10 shares during the last quarter. 93.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the company. Weiss Ratings lowered Graham from a "buy (a-)" rating to a "buy (b+)" rating in a report on Thursday. Oppenheimer reissued an "outperform" rating on shares of Graham in a research report on Thursday, June 25th. Finally, Wall Street Zen raised Graham from a "hold" rating to a "buy" rating in a research note on Saturday, August 1st. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, Graham currently has an average rating of "Buy".

Graham Stock Up 0.1%

GHC traded up $1.15 during trading on Tuesday, hitting $1,168.78. 17,758 shares of the company's stock were exchanged, compared to its average volume of 21,450. The company has a quick ratio of 1.59, a current ratio of 1.86 and a debt-to-equity ratio of 0.15. The stock has a market cap of $4.94 billion, a P/E ratio of 9.40 and a beta of 0.71. Graham Holdings Company has a fifty-two week low of $929.76 and a fifty-two week high of $1,262.34. The business's 50 day moving average is $1,167.22 and its two-hundred day moving average is $1,129.09.

Graham (NYSE:GHC - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $19.46 EPS for the quarter, beating analysts' consensus estimates of $14.83 by $4.63. Graham had a return on equity of 5.73% and a net margin of 10.69%.The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.28 billion.

Graham Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Investors of record on Thursday, October 15th will be issued a $1.88 dividend. This represents a $7.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Thursday, October 15th. Graham's dividend payout ratio is 6.06%.

Graham Profile

Graham Holdings Company is a diversified American holding company formerly known as The Washington Post Company. The company changed its name in 2013 after selling The Washington Post newspaper to Jeff Bezos. Today, Graham Holdings operates businesses in education, television broadcasting, health care and other industries.

Its largest operating business is Kaplan, which provides educational services, professional training, test preparation, higher education programs and related learning products.

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